PROTECTED SOURCE SCRIPT
GMO
The GMO is a multi-component confluence oscillator that helps traders visualise when several momentum and trend conditions align.
It blends an EMA trend filter, RSI bias, MACD histogram direction, and Stochastic RSI crossovers, with the option to add Fibonacci retracement proximity for additional confidence.
When multiple conditions agree, combined visual markers (triangle + emoji) appear above or below price, and background shading reflects bullish or bearish momentum. Supporting plots display MACD histogram bars, RSI, Stochastic RSI lines, and the chosen Fibonacci level, allowing quick confirmation at a glance.
This tool is best used as part of a broader confluence-based strategy and should be paired with independent analysis and risk management.
It blends an EMA trend filter, RSI bias, MACD histogram direction, and Stochastic RSI crossovers, with the option to add Fibonacci retracement proximity for additional confidence.
When multiple conditions agree, combined visual markers (triangle + emoji) appear above or below price, and background shading reflects bullish or bearish momentum. Supporting plots display MACD histogram bars, RSI, Stochastic RSI lines, and the chosen Fibonacci level, allowing quick confirmation at a glance.
This tool is best used as part of a broader confluence-based strategy and should be paired with independent analysis and risk management.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.